Canada due to legalize recreational marijuana

"We heard from provinces and territories who told us they needed more time to transition to this new framework", he said.

"Over the following months and indeed years we will completely replace or nearly completely replace the organised crime market on that", he told a news conference.

The Senate voted 52-29 in favor of the revised bill from the elected House of Commons, paving the way for a fully legal cannabis market within eight to 12 weeks.

Marijuana sales will become legal in Canada beginning October 17, Prime Minister Justin Trudeau said on Wednesday, making it the first major economy to legalize its recreational use. Distribution and sale of the drug is expected to begin by summer's end. Those caught selling marijuana to a minor could face stiff penalties of up to 14 years in jail.

A 2017 report by investment firm Canaccord Genuity (TSE:CF) predicted that legal cannabis prices (recreational and medicinal) would remain constant at around $8 per gram until 2019 or 2020, with illicit market prices ranging from $8-$9 per gram. Today, we change that.

"It ends 90 years of needless criminalization, it ends a prohibition model that inhibited and discouraged public health and community health in favor of just-say-no approaches that simply failed young people miserably". In the other provinces and territories it will be 19, which is the minimum alcohol purchase age in all those jurisdictions except for Manitoba.

Bill Morneau, Canada's finance minister, said that he expects the government to rake in almost 300 million Canadian dollars from the taxes on legalized cannabis.

Legalizing marijuana on a recreational, national level was one of Trudeau's campaign promises, and "was seen as one of the reasons for the Liberal's strong showing among youth voters in the 2015 election".

Starting with Colorado and Washington in 2012, nine US states and the District of Columbia have now legalized marijuana for adult use.

Senators also dropped their insistence on amendments to the bill, most notably one that would have authorized provincial and territorial governments to prohibit the home cultivation of marijuana plants if they choose.

Sarri set to raid Napoli after Chelsea appointment
After Chelsea's 5th place finish, it is evident that Conte's leadership has made the club boring and lifeless. So I think they have to give him time because he will change the football of Chelsea , I think.

White House downplays message on Melania Trump’s jacket
In a baffling decision, the first lady wore a jacket that says "I don't really care, do u?" on the back for part of her journey. Some leaders of progressive groups and celebrities known for their liberal views also criticized the First Lady's jacket .

France defeats Peru, qualifies for knockout World Cup stage
Deschamps got a boost from Giroud and Matuidi in the match against Australia and wisely made the move to start them against Peru . Peru will be looking for more offense against France, especially from Guerrero and Farfán who lead the team in global goals.

Trump Says OPEC To Blame For High Oil Prices
Venezuela experiences severe production outage, and already lost 350,000 barrels / day this year with the decline accelerating. That crimped the country's ability to export crude, limiting supply and pushing up global prices.

No more military exercises with South Korea
Close to 7,700 USA troops remain unaccounted for from the Korean War, and about 5,300 of those were lost in North Korea . Work continues to repatriate from North Korea . the remains of American soldiers killed in the Korean War.

Major Upsets as World Cup Advances
While Japanese fans can be seen doing their bit alongside Columbian supporters at Mordovia Arena in Saransk. A few hours after Senegal's win, Egypt then also lost its second match, 3-1 against Russian Federation .

Neymar leaves Brazil training session limping on right ankle
Three matches will be played today in the FIFA World Cup . "We're a national team and we've gotten people used to surprises". At 23.30 pm, Brazil will clash with Switzerland and today's final match is between Croatia with Nigeria at 12.30 am.

Instagram takes on YouTube with new IGTV app
Today, yet another video service debuts, and it is backed by a major player in the social network space - Instagram . To start with, Lele Pons , with over 25 million followers already on the main Instagram site, has been signed on.

Dwight Howard Traded To Brooklyn Nets
The Charlotte Hornets apparently have a big trade in the works one day ahead of the start of the 2018 NBA Draft. The Brooklyn Nets are the latest team to acquire the services of center Dwight Howard .